1750 Purdue, Los Angeles, California 90025, Los Angeles, 90025 - bed, bath
ACTIVE$1,797,000$3,630/sqft
1750 Purdue, Los Angeles, California 90025
0Bed
0Bath
3,630Sqft
4,410Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Franklin Elementary School (9/10).
Top Cons:
Restricted Property Access: Showings are limited to accepted offers only, which may hinder some prospective buyers from fully evaluating the property's interior condition prior to making a commitment.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1942 (84 years old).
Condition: Despite being built in 1942, the property underwent an extensive conversion to a 7-unit building in 2023, which is reflected in the interior images. The kitchens feature updated white cabinetry, modern black hardware, and contemporary pendant lighting. Bathrooms are also fully renovated with modern vanities, new toilets, and updated shower/tub combos with sliding glass doors. Flooring throughout the units appears to be new wood-look laminate. Modern light fixtures are present in the bedrooms. The property also received a significant structural upgrade in 2014 for earthquake retrofitting. While some appliances are basic black and cooling is via window units, the overall recent and extensive renovation brings the interior condition to an excellent standard, meeting current quality standards with minimal depreciation.
Year Built
1942
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$495
HOA
-
Days on market
-
Sold On
-
MLS number
SR26005632
Home ConditionExcellent
Features
View-
About this home
7 unit apartment building located in the heart of the Sawtelle neighborhood of West Los Angeles with easy access to freeways, UCLA and Santa Monica College. Fully rented with quality tenants. Building was originally built as a duplex in the 1940s, then upgraded to a 5 units in the 1960s and converted to a 7 unit building in 2023. Great unit mix with 9 tandem parking spaces, laundry room on site. Low maintenance and upgraded in 2014 to conform with the City of Los Angeles soft story earthquake retrofit standards. There is an existing five year $900K mortgage at approximately 3% APR assumable subject to lender fees and qualifications and is fixed through September 2026. Please do not walk onto the property or disturb occupants. Showings on accepted offer only. Please call management office for information, BUT please download and read Offering Memorandum attached in the supplemental information area of listing before asking for it again. Buyer to cooperate with Seller's 1031 exchange.
O
Orlando Cruz
Listing Agent
Nearby schools
7/10
Nora Sterry Elementary School
Public,•K-5•0.1mi
5/10
Brockton Avenue Elementary School
Public,•K-5•0.8mi
6/10
Richland Avenue Elementary School
Public,•K-6•1.1mi
9/10
Overland Avenue Elementary School
Public,•K-5•1.6mi
8/10
Edison Elementary School
Public,•PK-5•1.7mi
8/10
Clover Avenue Elementary School
Public,•K-5•1.7mi
8/10
McKinley Elementary School
Public,•PK-5•1.8mi
8/10
Grant Elementary School
Public,•PK-5•1.9mi
8/10
Mar Vista Elementary School
Public,•K-5•2.0mi
9/10
Franklin Elementary School
Public,•PK-5•2.1mi
6/10
John Adams Middle School
Public,•6-8•2.4mi
8/10
Lincoln Middle School
Public,•6-8•2.6mi
6/10
University Senior High School
Public,•9-12•0.8mi
8/10
Santa Monica High School
Public,•9-12•3.1mi
6/10
Venice Senior High School
Public,•9-12•3.1mi
Price History
Date
Event
Price
07/08/15
Sold
$1,642,500
Condition Rating
Excellent
Despite being built in 1942, the property underwent an extensive conversion to a 7-unit building in 2023, which is reflected in the interior images. The kitchens feature updated white cabinetry, modern black hardware, and contemporary pendant lighting. Bathrooms are also fully renovated with modern vanities, new toilets, and updated shower/tub combos with sliding glass doors. Flooring throughout the units appears to be new wood-look laminate. Modern light fixtures are present in the bedrooms. The property also received a significant structural upgrade in 2014 for earthquake retrofitting. While some appliances are basic black and cooling is via window units, the overall recent and extensive renovation brings the interior condition to an excellent standard, meeting current quality standards with minimal depreciation.
Pros & Cons
Pros
Great Schools: Elementary School: Franklin Elementary School (9/10).
Prime Location & Accessibility: Strategically located in the highly desirable Sawtelle neighborhood of West Los Angeles, offering excellent access to major freeways, UCLA, and Santa Monica College, ensuring strong tenant demand.
Assumable Low-Interest Financing: Features an assumable $900K mortgage at approximately 3% APR, fixed through September 2026, presenting a substantial financial advantage in today's high-interest rate environment.
Maximized Income & High Occupancy: A fully rented 7-unit apartment building, recently converted to its current density in 2023, guarantees immediate and stable cash flow with quality tenants.
Enhanced Structural Safety & Compliance: The property underwent a significant upgrade in 2014 to meet City of Los Angeles soft-story earthquake retrofit standards, providing crucial safety and regulatory compliance.
Desirable Tenant Amenities: Includes valuable on-site amenities such as 9 tandem parking spaces and a laundry room, highly sought after in West Los Angeles, contributing to tenant satisfaction and retention.
Cons
Restricted Property Access: Showings are limited to accepted offers only, which may hinder some prospective buyers from fully evaluating the property's interior condition prior to making a commitment.
1031 Exchange Requirement: The buyer's obligation to cooperate with the seller's 1031 exchange could introduce additional complexities or specific timeline requirements during the transaction process.
Original Building Age: Despite recent conversions and upgrades, the building's original construction in 1942 suggests potential for older underlying systems (e.g., plumbing, electrical) that may require future attention or capital expenditure.